v3.26.1
Earnings (Loss) Per Share (Tables)
 3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Loss Per Share

The following table sets forth the computation of basic and diluted loss per share for the periods presented (in thousands, except per share amounts):

 

 

For the Three Months Ended March 31,

 

 

 

 

2026

 

 

2025

 

 

Numerator for loss per share:

 

 

 

 

 

 

 

Net loss

 

$

(6,781

)

 

$

(6,924

)

 

Net loss attributable to redeemable noncontrolling interests in the OP

 

 

(27

)

 

 

(27

)

 

Net loss attributable to common stockholders

 

$

(6,754

)

 

$

(6,897

)

 

 

 

 

 

 

 

 

 

Denominator for loss per share:

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

 

25,398

 

 

 

25,448

 

 

Denominator for basic loss per share

 

 

25,398

 

 

 

25,448

 

 

Weighted average unvested restricted stock units

 

 

—

 

 

 

128

 

 

Denominator for diluted loss per share

(1)

 

25,398

 

 

 

25,448

 

 

 

 

 

 

 

 

 

 

Loss per weighted average common share:

 

 

 

 

 

 

 

Basic

 

$

(0.27

)

 

$

(0.27

)

 

Diluted

 

$

(0.27

)

 

$

(0.27

)

 

 

 

 

 

 

 

 

 

 

(1)
If the Company sustains a net loss for the period presented, unvested restricted stock units are not included in the diluted earnings (loss) per share calculation.